SAMCO Securities Business Development Manager Salaries by 30+ Employees (Updated 2025)

1 - 6 years exp.

₹3 Lakhs - ₹5 Lakhs

Salary of majority employees

42% less than the average Business Development Manager Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 1 - 6 years exp. (14 salaries)	₹3.3 L/yr - ₹5 L/yr
Sales & Business Development Business Development Manager Salary 1 - 6 years exp. (9 salaries)	₹3.2 L/yr - ₹5 L/yr
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Finance & Accounting Business Development Manager Salary 1 - 2 years exp. (5 salaries)	₹3.5 L/yr - ₹5 L/yr

Last Updated: 2 Mar 2025

Companies similar to SAMCO Securities for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Fortune Solutions Business Development Manager Salary 0 - 7 years exp. (56 salaries)	₹1.8 L/yr - ₹4.3 L/yr 31% less
RNFI Services Business Development Manager Salary 8 - 13 years exp. (9 salaries)	₹4.6 L/yr - ₹5.4 L/yr 14% more
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HDFC Credila Financial Services Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹9 L/yr - ₹15 L/yr 188% more
Axio Business Development Manager Salary 3 - 11 years exp. (5 salaries)	₹5.7 L/yr - ₹16 L/yr 129% more
Way2wealth Brokers Business Development Manager Salary 6 - 13 years exp. (5 salaries)	₹2.4 L/yr - ₹4.8 L/yr 19% less
Wishfin Business Development Manager Salary 1 - 4 years exp. (5 salaries)	₹3.2 L/yr - ₹7 L/yr 3% less
Indusind Marketing & Financial Services Business Development Manager Salary 1 - 8 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 24% less
Pamac Finserve Business Development Manager Salary 0 - 3 years exp. (4 salaries)	₹3.2 L/yr - ₹6 L/yr 4% more
Avanse Financial Services Business Development Manager Salary 2 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹2.5 L/yr 48% less
Orange Retail Finance Business Development Manager Salary 1 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹6 L/yr 13% more
TMF Group Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3.8 L/yr 31% less
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Business Development Manager salary at SAMCO Securities ranges between ₹3 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 36 latest salaries received from various employees of SAMCO Securities.

Experience wise SAMCO Securities Business Development Manager salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
1 year (11 salaries)	₹3 L/yr - ₹4.8 L/yr
2 years (12 salaries)	₹3 L/yr - ₹5 L/yr
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3 years (6 salaries)	₹3.2 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹7.8 L/yr
5 years (4 salaries)	₹3.7 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.9 L/yr

View all

Similar Designation salaries in SAMCO Securities

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(4 salaries)

₹7.4 L/yr - ₹9.4 L/yr

Marketing Manager Salary

(3 salaries)

₹5.9 L/yr - ₹12 L/yr

Relationship Manager Salary

(5 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Sales Manager Salary

(3 salaries)

₹3.2 L/yr - ₹4.1 L/yr

Sales Executive Salary

(16 salaries)

₹1.45 L/yr - ₹2.42 L/yr

Team Lead Salary

(15 salaries)

₹2.05 L/yr - ₹6.87 L/yr

Salary related reviews for SAMCO Securities

2.9

Rated by 10 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Marketing & Communication Department

2.0

• posted on 28 Jul 2023

2.0

for Salary and Benefits

Likes

Nothing

Job security - Good

Dislikes

Work is mostly things outside of KPI. You have to work on anything and everything. Extended work hours without compensation and recognition is common. You grow your knowledge but in unnecessary things.

Salary - Poor

+5 more

Senior PHP Developer in Mumbai

Full Time

Engineering - Software & QA Department

3.0

• posted on 24 May 2022

3.0

for Salary and Benefits

Likes

- sat sun fixed of for IT team . - good work culture - good colleagueas - supportive and helpful seniors - great environment to learn

Job security - Good

Dislikes

- less increment - less recognition for your work - salary late sometimes due to some irresponsible employees - they pay half salary during notice period

Promotions - Poor

Software Engineer in Mumbai And Chennai

Full Time

Engineering - Software & QA Department

5.0

• posted on 29 Jan 2022

3.0

for Salary and Benefits

Likes

...ove your talent of IT KNOWLEDGE here.good TL's and Good management.normal hike.but if you are prove your stuff they give compensation,monthly one leave and weekly 5 days work.life balance are good.

Skill development - Excellent

+5 more

Dislikes

It's an agile environment sometimes while build release all are very fast...Sometimes it not to adapt with our self

Account Opening Executive in Mumbai

Finance & Accounting Department

1.0

• posted on 11 Nov 2021

1.0

for Salary and Benefits

Likes

...h no scope in job no job security no learning on job don't waste time in go any other discount broking firm where salary is genuine

Dislikes

Salry is 10k in hand what should I say 9 hours working hours for this salary is 10k

Salary - Bad

+6 more

Marketing Manager in Mumbai

Full Time

Marketing & Communication Department

2.0

• posted on 18 Apr 2024

1.0

for Salary and Benefits

Likes

Company culture lacks transparency, Work life balance is myth where you can subscribe to doctor services for anxiety and aggressive behaviour which is taught by senior leadership team, best part about working in Samco is you can see classic headless leadership which results in confusion, inconsistency and lack of direction within the organisation.

Dislikes

No Growth Opportunities, lack of investment in infra for customer facing systems leading to system outage almost every fortnight, funniest part is when your CTO admits how the clients are still associate with Samco despite all these issues are a surprise to him then imagine how would junior executives like us would be managing things around

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SAMCO Securities Business Development Manager Salary FAQs

What is the salary of Business Development Manager at SAMCO Securities ?

The average salary of a Business Development Manager at SAMCO Securities in India typically ranges from ₹3.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Business Development Manager at SAMCO Securities earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Business Development Manager Salaries at SAMCO Securities can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ SAMCO Securities employees in India.

What is the estimated take home salary of a Business Development Manager at SAMCO Securities in India?

The estimated take-home salary of a Business Development Manager at SAMCO Securities in India typically ranges from ₹32,387 to ₹33,666 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of SAMCO Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SAMCO Securities for Business Development Manager in India?

HDFC Credila Financial Services	₹9.0 Lakhs to ₹15.0 Lakhs per year
Axio	₹5.7 Lakhs to ₹16.0 Lakhs per year
RNFI Services	₹4.6 Lakhs to ₹5.4 Lakhs per year
Orange Retail Finance	₹2.8 Lakhs to ₹6.0 Lakhs per year
Pamac Finserve	₹3.2 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SAMCO Securities, depending on the role and experience level.

What is the salary of a Business Development Manager in companies similar to SAMCO Securities in India?

The salary of a Business Development Manager at companies similar to SAMCO Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wishfin	₹3.2 Lakhs to ₹7.0 Lakhs per year
Way2wealth Brokers	₹2.4 Lakhs to ₹4.8 Lakhs per year
Indusind Marketing & Financial Services	₹3.0 Lakhs to ₹3.5 Lakhs per year
TMF Group	₹2.0 Lakhs to ₹3.8 Lakhs per year
Shriram Fortune Solutions	₹1.8 Lakhs to ₹4.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Business Development Manager at SAMCO Securities in India?

The salary growth for a Business Development Manager at SAMCO Securities depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at SAMCO Securities:

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹4.8 Lakhs per year
2 years	₹3.0 Lakhs to ₹5.0 Lakhs per year
3 years	₹3.2 Lakhs to ₹5.0 Lakhs per year
4 years	₹4.3 Lakhs to ₹7.8 Lakhs per year

and so on.

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SAMCO Securities Business Development Manager Salaries

SAMCO Securities Business Development Manager salary in India ranges between ₹3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 36 SAMCO Securities latest salaries received from various employees of SAMCO Securities.

SAMCO Securities Business Development Manager salaries in India (Updated 2025)

Companies similar to SAMCO Securities for Business Development Manager

Latest annual salaries shared by SAMCO Securities Business Development Manager

Experience wise SAMCO Securities Business Development Manager salaries

Similar Designation salaries in SAMCO Securities

Salary related reviews for SAMCO Securities

Deputy Manager in Mumbai

Senior PHP Developer in Mumbai

Software Engineer in Mumbai And Chennai

Account Opening Executive in Mumbai

Marketing Manager in Mumbai

SAMCO Securities Business Development Manager Salary FAQs

Tell us how to improve this page.

SAMCO Securities Business Development Manager Salaries by Location